Commodity Prices

Gold •364 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,415.40	-18.10	-1.26%
WTI Crude •10 mins	66.98	-0.47	-0.70%
Gasoline •13 mins	2.112	-0.011	-0.54%
Ethanol •364 days	2.161	+0.000	+0.00%
Silver •364 days	30.82	+1.16	+3.92%

Silver • 364 days	30.82	+1.16	+3.92%
Copper • 364 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.61	-0.50	-0.72%
Natural Gas • 10 mins	3.483	-0.005	-0.14%
Heating Oil • 13 mins	2.403	-0.008	-0.35%

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EUR/USD: Recent Fall From 1.3400 Seen as Corrective

By - Aug 15, 2013, 6:04 AM CDT

EUR/USD is deemed to be in the midst of a corrective phase off the recent 1.3400 high. A sustained break back under 1.3190 (02/08/2013 low) is required to dampen our expectations of an eventual return to the August high and then onto 1.3417 (19/06/2013 high).

If a retest, or break over, 1.3417 can be achieved, the region between this key high and the annual high is expected to see a fair degree of resistance and is likely to offer a reasonable short entry opportunity.

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